transact

verb
trans·​act | \ tran-ˈzakt How to pronounce transact (audio) , tran(t)-ˈsakt How to pronounce transact (audio) \
transacted; transacting; transacts

Definition of transact

transitive verb

1 : to carry to completion transact a sale
2 : to carry on the operation or management of : do transact business

intransitive verb

: to carry on business

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Other Words from transact

transactor \ tran-​ˈzak-​tər How to pronounce transactor (audio) , tran(t)-​ˈsak-​tər \ noun

Examples of transact in a Sentence

We had some important business to transact with our distributors. transact a real estate deal
Recent Examples on the Web That in turn has created a spur to find new ways to inflate the figure, such as taking orders early, avoiding processing refunds on that day, and offering incentives to transact. Tim Culpan | Bloomberg, Washington Post, "It’s Time for Alibaba to Slay the Monster Jack Ma Created," 10 Nov. 2019 Choose two agents at random and have them transact, then do the same with another two, and so on. Bruce M. Boghosian, Scientific American, "Is Inequality Inevitable?," 1 Nov. 2019 Zuckerberg himself acknowledges that more people transacting on Facebook will help the company’s bottom line. Wired, "How to Watch Mark Zuckerberg’s Libra Testimony in Congress," 22 Oct. 2019 This new borderless virtual currency could then be transacted not only within the app, but also with the partners on the project, such as Uber and Spotify. Lucinda Shen, Fortune, "Tala CEO: How Facebook’s Libra Cryptocurrency Can Help Companies Scale," 19 June 2019 The size of the region’s internet economy in gross merchandise volume, or the amount of business transacted, should more than triple from $72 billion last year to $240 billion by 2025, according to a report co-written by Alphabet Inc. Newley Purnell, WSJ, "New Fund for Southeast Asia Tech Hits First Close," 13 June 2019 As per a recent tweet put by Snapdeal CEO Bahl, the company saw its highest-ever monthly transacting users in September 2019. Ananya Bhattacharya, Quartz India, "Snapdeal’s comeback strategy seems to be paying off," 23 Oct. 2019 The region is home to some 600 million people, many of whom are young and increasingly transacting online via smartphones. Newley Purnell, WSJ, "New Fund for Southeast Asia Tech Hits First Close," 13 June 2019 The immediate effects on their local economies might be difficult to envision (e.g., transacting on cellphones), but the longer-term impact on their governments would be undeniable. Matthew De Silva, Quartz, "What could possibly go wrong with Facebook’s Libra?," 22 June 2019

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'transact.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of transact

circa 1585, in the meaning defined at intransitive sense

History and Etymology for transact

Latin transactus, past participle of transigere to drive through, complete, transact, from trans- + agere to drive, do — more at agent

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Time Traveler for transact

Time Traveler

The first known use of transact was circa 1585

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Statistics for transact

Last Updated

9 Dec 2019

Cite this Entry

“Transact.” The Merriam-Webster.com Dictionary, Merriam-Webster Inc., https://www.merriam-webster.com/dictionary/transactor. Accessed 13 December 2019.

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More Definitions for transact

transact

verb
How to pronounce transact (audio) How to pronounce transact (audio)

English Language Learners Definition of transact

somewhat formal : to do (business) with another person, company, etc.

transact

verb
trans·​act | \ tran-ˈzakt How to pronounce transact (audio) \
transacted; transacting

Kids Definition of transact

: to carry on : manage, conduct transacting business
trans·​act | \ tran-ˈzakt, -ˈsact How to pronounce transact (audio) \

Legal Definition of transact

1 : to carry on business
2 in the civil law of Louisiana : to settle a dispute by a transaction

transitive verb

1 : to carry to completion transact a sale
2 : to carry on the operation or management of transact business

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More from Merriam-Webster on transact

Thesaurus: All synonyms and antonyms for transact

Rhyming Dictionary: Words that rhyme with transact

Spanish Central: Translation of transact

Nglish: Translation of transact for Spanish Speakers

Comments on transact

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